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Mobile Edge Computing Market by Component and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 124
  • SKU: IRTNTR73594
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The mobile edge computing market share is expected to rise to USD 1.60 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 30.21%.

This mobile edge computing (MEC) market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers mobile edge computing market segmentation by the following:

  • Component - Hardware and software
  • Geography - North America, Europe, APAC, South America, and Middle East and Africa

What will the Mobile Edge Computing Market Size be During the Forecast Period?

Mobile Edge Computing Market Size

Download the Free Report Sample to Unlock the Mobile Edge Computing Market Size for the Forecast Period and Other Important Statistics

The MEC market report also offers information on several market vendors, including ADLINK Technology Inc., Advantech Co. Ltd., AT and T Inc., COMSovereign Holding Corp., GigaSpaces Technologies Ltd., Huawei Technologies Co. Ltd., Intel Corp., Juniper Networks Inc., Nokia Corp., SK Telecom Co. Ltd., SMART Global Holdings Inc., TelcoDR Inc., Telefonaktiebolaget LM Ericsson, Verizon Communications Inc., Vodafone Group Plc, and ZTE Corp. among others.

Mobile Edge Computing Market: Key Drivers, Trends, and Challenges

The increase in the data traffic is notably driving the mobile edge computing market growth, although factors such as high deployment cost of 5g technology may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the mobile edge computing industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Mobile Edge Computing Market Driver

  • One of the key factors driving the global mobile edge computing market growth is the increase in data traffic.
  • Mobile edge computing is evolving with the integration of IoT devices such as multiplexers, cloud services and resources, and other wide variety of WAN access devices.
  • The user proximity can leverage the available resources in mobile computing networks.
  • The mobile edge computing platform helps in enabling the billions of connected mobile devices to execute the real-time compute-intensive applications in the end-user industries by connecting with the network edge directly.
  • Mobile edge computing allows software applications to tap into local content, thereby accessing real-time information about local-access network conditions.
  • The growing number of IoT devices will drive the global market during the forecast period.

Key Mobile Edge Computing Market Trend

  • Strategic collaboration among market participants is one of the key mobile edge computing market trends that is expected to impact the industry positively in the forecast period.
  • Market participants from different industries, such as information technology solutions, and semiconductor integrated circuits, aggressively invest in computing technology.
  • Various governments are also working on a collaboration with market participants to accelerate the deployment of 5G technology.
  • The quicker processing power and smaller form factors by moving processing power to the cloud via mobile cloud computing nodes will benefit the mobile users.
  • On March 24, 2022, T-Mobile Inc. announced its partnership with telecom equipment companies, including Nokia Corporation, Dell Technologies Inc., and Telefonaktiebolaget LM Ericsson, for its 5G Advanced Network Solution.
  • In May 2020, IBM, Samsung, and M1 collaborated to start Singapore's 5G smart manufacturing trial to find ways in which 5G connectivity can improve the control of robotic arms and other smart devices on factory floors. 

Key Mobile Edge Computing Market Challenge

  • One of the key challenges to the global mobile edge computing market growth is the high deployment cost of 5g technology.
  • The overall cost for both mobile edge computing and 5G connectivity to handle the entire workload is very high.
  • The high installation cost of small cell networks and limited security for remotely placed outdoor power systems may also hamper the market growth.
  • Large organizations in the market in focus are compelled to adhere to stringent regulations laid by telecommunication standard organizations.
  • The market is expected to face a challenge due to the high cost of new frequency spectrum releases.
  • The deployment cost for LTE infrastructure alone will be more than $200 billion, which would be greater than upgrade costs and virtual data center processing costs.
  • In the US alone, the capital required to set up 5G infrastructure was $100 billion in 2020. The high cost of 5G technology deployment can restrain the growth of the market during the forecast period.

This mobile edge computing market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global mobile edge computing market as a part of the global data processing and outsourced services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the mobile edge computing market during the forecast period.

Who are the Major Mobile Edge Computing Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • ADLINK Technology Inc.
  • Advantech Co. Ltd.
  • AT and T Inc.
  • COMSovereign Holding Corp.
  • GigaSpaces Technologies Ltd.
  • Huawei Technologies Co. Ltd.
  • Intel Corp.
  • Juniper Networks Inc.
  • Nokia Corp.
  • SK Telecom Co. Ltd.
  • SMART Global Holdings Inc.
  • TelcoDR Inc.
  • Telefonaktiebolaget LM Ericsson
  • Verizon Communications Inc.
  • Vodafone Group Plc
  • ZTE Corp.

 

This statistical study of the mobile edge computing market encompasses successful business strategies deployed by the key vendors. The mobile edge computing market is fragmented and the vendors are deploying growth strategies such as technological innovation to compete in the market.

Product Insights and News

  • ADLINK Technology Inc. - The company offers mobile edge computing services such as 5G which is 10 times faster than its predecessor and drives latency down to 1ms.
  • Advantech Co. Ltd. - The company offers mobile edge computing services such as Video AI Counting Edge, Video AI Facial Recognition Edge, VideoSense Edge, Thermal Screening Manager, SignageCMS Server, and Thermal Screening Kiosk.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The mobile edge computing market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Mobile Edge Computing Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the mobile edge computing market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Mobile Edge Computing Market?

Mobile Edge Computing Market Market segmentation by region

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45% of the market's growth will originate from North America during the forecast period. The US is the key market for mobile edge computing in North America. Market growth in this region will be faster than the growth of the market in Europe.

The increasing adoption of Internet of things (IoT) technology in countries such as the US will facilitate the mobile edge computing market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic has negatively impacted the mobile edge computing market in North America, especially in the US and Canada, in 2020. The sudden outbreak of the COVID-19 led to nationwide lockdowns and the temporary closure of several end-user industries such as telecommunication and industrial IoT to curb the spread of the disease. However, the demand for mobile edge computing services increased post-2020 in North America as major companies such as Google LLC, Amazon.Com, Inc, and Intel Corp. announced permanent remote work for their employees. Mobile edge computing brings data processing and delivery capabilities closer to the data's source for employees working remotely. Thus, the regional mobile edge computing market will witness growth during the forecast period.

What are the Revenue-generating Component Segments in the Mobile Edge Computing Market?

Mobile Edge Computing Market Segmentation

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The mobile edge computing market share growth by the hardware segment will be significant during the forecast period. Hardware components include processors, servers, switches, routers, and the end device. These hardware components ensure data is processed in real-time. Thus, the hardware segment of the global mobile edge computing market will witness substantial growth in the forecast years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the mobile edge computing market size and actionable market insights on post COVID-19 impact on each segment.

 

Mobile Edge Computing Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 30.21%

Market growth 2022-2026

$ 1.60 billion

Market structure

Fragmented

YoY growth (%)

29.87

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 45%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

ADLINK Technology Inc., Advantech Co. Ltd., AT and T Inc., COMSovereign Holding Corp., GigaSpaces Technologies Ltd., Huawei Technologies Co. Ltd., Intel Corp., Juniper Networks Inc., Nokia Corp., SK Telecom Co. Ltd., SMART Global Holdings Inc., TelcoDR Inc., Telefonaktiebolaget LM Ericsson, Verizon Communications Inc., Vodafone Group Plc, and ZTE Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Mobile Edge Computing Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive mobile edge computing market growth during the next five years
  • Precise estimation of the mobile edge computing market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the mobile edge computing industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of mobile edge computing market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Component

    • 5.1 Market segments
      • Exhibit 24: Chart on Component - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Component - Market share 2021-2026 (%)
    • 5.2 Comparison by Component
      • Exhibit 26: Chart on Comparison by Component
      • Exhibit 27: Data Table on Comparison by Component
    • 5.3 Hardware - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Hardware - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Hardware - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Hardware - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Hardware - Year-over-year growth 2021-2026 (%)
    • 5.4 Software - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Software - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Software - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Software - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Software - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Component
      • Exhibit 36: Market opportunity by Component ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 UK - Market size and forecast 2021-2026
      • Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.12 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 ADLINK Technology Inc.
              • Exhibit 89: ADLINK Technology Inc. - Overview
              • Exhibit 90: ADLINK Technology Inc. - Business segments
              • Exhibit 91: ADLINK Technology Inc. - Key offerings
              • Exhibit 92: ADLINK Technology Inc. - Segment focus
            • 10.4 Advantech Co. Ltd.
              • Exhibit 93: Advantech Co. Ltd. - Overview
              • Exhibit 94: Advantech Co. Ltd. - Business segments
              • Exhibit 95: Advantech Co. Ltd. - Key offerings
              • Exhibit 96: Advantech Co. Ltd. - Segment focus
            • 10.5 AT and T Inc.
              • Exhibit 97: AT and T Inc. - Overview
              • Exhibit 98: AT and T Inc. - Business segments
              • Exhibit 99: AT and T Inc. - Key offerings
              • Exhibit 100: AT and T Inc. - Segment focus
            • 10.6 COMSovereign Holding Corp.
              • Exhibit 101: COMSovereign Holding Corp. - Overview
              • Exhibit 102: COMSovereign Holding Corp. - Product / Service
              • Exhibit 103: COMSovereign Holding Corp. - Key offerings
            • 10.7 GigaSpaces Technologies Ltd.
              • Exhibit 104: GigaSpaces Technologies Ltd. - Overview
              • Exhibit 105: GigaSpaces Technologies Ltd. - Product / Service
              • Exhibit 106: GigaSpaces Technologies Ltd. - Key offerings
            • 10.8 Huawei Technologies Co. Ltd.
              • Exhibit 107: Huawei Technologies Co. Ltd. - Overview
              • Exhibit 108: Huawei Technologies Co. Ltd. - Business segments
              • Exhibit 109: Huawei Technologies Co. Ltd. - Key offerings
              • Exhibit 110: Huawei Technologies Co. Ltd. - Segment focus
            • 10.9 Intel Corp.
              • Exhibit 111: Intel Corp. - Overview
              • Exhibit 112: Intel Corp. - Business segments
              • Exhibit 113: Intel Corp. - Key news
              • Exhibit 114: Intel Corp. - Key offerings
              • Exhibit 115: Intel Corp. - Segment focus
            • 10.10 Juniper Networks Inc.
              • Exhibit 116: Juniper Networks Inc. - Overview
              • Exhibit 117: Juniper Networks Inc. - Product / Service
              • Exhibit 118: Juniper Networks Inc. - Key offerings
            • 10.11 Nokia Corp.
              • Exhibit 119: Nokia Corp. - Overview
              • Exhibit 120: Nokia Corp. - Business segments
              • Exhibit 121: Nokia Corp. - Key offerings
              • Exhibit 122: Nokia Corp. - Segment focus
            • 10.12 SK Telecom Co. Ltd.
              • Exhibit 123: SK Telecom Co. Ltd. - Overview
              • Exhibit 124: SK Telecom Co. Ltd. - Business segments
              • Exhibit 125: SK Telecom Co. Ltd. - Key news
              • Exhibit 126: SK Telecom Co. Ltd. - Key offerings
              • Exhibit 127: SK Telecom Co. Ltd. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 128: Inclusions checklist
                • Exhibit 129: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 130: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 131: Research methodology
                • Exhibit 132: Validation techniques employed for market sizing
                • Exhibit 133: Information sources
              • 11.5 List of abbreviations
                • Exhibit 134: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Mobile Edge Computing Market market growth will increase by $1.60 billion during 2022-2026.
              The mobile edge computing market market is expected to grow at a CAGR of 30.21% during 2022-2026.
              Technavio has segmented the mobile edge computing market market by component (Hardware and Software) and geography (North America, Europe, APAC, South America, and Middle East and Africa).
              ADLINK Technology Inc., Advantech Co. Ltd., AT and T Inc., COMSovereign Holding Corp., GigaSpaces Technologies Ltd., Huawei Technologies Co. Ltd., Intel Corp., Juniper Networks Inc., Nokia Corp., SK Telecom Co. Ltd., SMART Global Holdings Inc., TelcoDR Inc., Telefonaktiebolaget LM Ericsson, Verizon Communications Inc., Vodafone Group Plc, ZTE Corp. are a few of the key vendors in the mobile edge computing market market.
              North America will register the highest growth rate of 45% among the other regions. Therefore, the mobile edge computing market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the mobile edge computing market market growth are:
              • Increase in the data traffic
              • Strategic collaboration among market participants
              The mobile edge computing market market vendors should focus on grabbing business opportunities from the hardware segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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